Bloomberg Brazil’s heavy dependence on fertiliser imports is leading to a major upgrade of the nation’s ports, railways and distribution centers. Hundreds of millions of dollars are pouring into Brazil’s logistics infrastructure, all in order to more quickly get fertiliser from ports to inland farms thousands of miles away, which produce the most soybeans, coffee and sugar in the world. ...
Read More »
Paris / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with French Republic President Emmanuel Macron for a private lunch at the Elysée Palace on Monday. The two Heads of State discussed opportunities for collaborating and expanding their longstanding partnership alongside overall developments and approaches to topics of regional and global concern. His Highness also congratulated President ...
Read More »
Abu Dhabi / WAM The UAE and France are bound by longstanding strategic relations as they derive their strength from the support, follow-up and directives of the leadership of the two countries represented by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Emmanuel Macron of the French Republic. During the past years, the distinguished relations between ...
Read More »
Dubai / WAM Dubai Electricity and Water Authority (Dewa) commissioned a new 400/132 kV substation in Al Qusais Industrial Area 5, and ten 132/11 kV substations in different areas in Dubai, during the first half of 2022. This is part of Dewa’s efforts to provide an advanced infrastructure that keeps pace with the increasing demand for energy in Dubai. The ...
Read More »
Bloomberg Germany produced a record amount of electricity from solar and is set to exceed that again on Tuesday as a heat wave grips Europe. About 38,174 megawatts were generated from solar panels and high levels are expected through Wednesday. A fresh record is possible on Tuesday, with a maximum 38,287 megawatts forecast. A brutal heat wave is moving into ...
Read More »
Bloomberg Russian Defense Minister Sergei Shoigu ordered part of his forces to focus on destroying Ukraine’s long-range missile and artillery systems during a visit to troops in occupied territory. Shoigu “instructed the commander to prioritize the defeat of long-range rocket and artillery weapons of the enemy with high-precision weapons†during a meeting with the military’s Vostok group, the Russian Defense ...
Read More »
Abu Dhabi / WAM Under the auspices of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai UAE, the UAE Space Agency on Sunday announced a new AED3 billion national investment and development fund for the space sector, ...
Read More »
DUBAI / WAM Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion in FDI across 30 FDI projects in 2021, Dubai ranked number one in FDI capital, projects, and job creation in tourism sector in 2021, according to The Financial Times’ fDi Markets data, a leading global data ...
Read More »
Abu Dhabi / WAM Dolphin Energy Limited on Sunday marks 15 years of operations, during which the company imported two billion standard cubic feet (scf) of natural gas into the UAE and Oman every day. Dolphin Energy’s Chief Executive Officer, Obaid Abdulla Al Dhaheri, commented on the achievement, and said that “This is an important milestone in our history ...
Read More »
Abu Dhabi / WAM Under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), the Agency announced the launch of the ‘Green Industries’ environmental labelling programme. The innovative programme is tailored based on best international practices in ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.